TSMC profit surges 61% to record high fueled by AI chip demand - Echo Global News

Thursday, July 17, 2025

TSMC profit surges 61% to record high fueled by AI chip demand



LivestreamMenuMake ItselectUSAINTLLivestreamSearch quotes, news & videosLivestreamWatchlistSIGN INMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu

Taiwan Semiconductor Manufacturing Company on Thursday reported a near 61% year-on-year rise in second-quarter profit, hitting a record high and beating estimates, as demand for artificial intelligence chips stayed strong.

The world's largest contract chip manufacturer forecast third-quarter revenue between $31.8 billion and $33.0 billion — a 38% year-over-year increase and 8% higher from the prior quarter at the midpoint.

No comments:

Post a Comment